Capital Area Tennis Association

Analysis

Capital Area Tennis Association is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Capital Area Tennis Association reported income of $777k and spending of $691k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $777k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Capital Area Tennis Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Felix Organization - Adoptees for Children Inc ($777k), Fayetteville Soccer Club Inc ($777k) and Just Play Soccer Club Inc ($776k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $92k (13% of expenses). Other salaries and wages came to $156k. At year end it held assets of $888k against liabilities of $10k, net assets of $877k. It reported 8 employees.